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New Deal


Announced

Completed

Morgan Stanley Infrastructure Partners completed the acquisition of Valoriza Servicios Medioambientales from Sacyr for €734m.

Financials

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Transaction Value£629m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA9.17x
Share Price Premium-
One Off Charge-

Tags

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waste management

Acquisition

Friendly

Spain

Private

Single Bidder

Waste and Disposal Services

Cross Border

Majority

Private Equity

Completed

Synopsis

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Morgan Stanley Infrastructure Partners, an infrastructure investment platform focused on the acquisition of private infrastructure assets, completed the acquisition of Valoriza Servicios Medioambientales, a waste management firm, from Sacyr, a Spanish infrastructure operator and developer company based in Madrid, for €734m. “As a well-established player in the waste sector with over 20 years of experience, we believe Valoriza, with its innovative environmental services offering, is well placed to contribute to the transformation of the Spanish waste market. We look forward to working with the company’s entrepreneurial management team to continue serving the local municipalities and further expanding the company’s waste treatment division," Alberto Donzelli, MSIP Co-Head of Europe.

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